Lily Cao is a venture capital partner at Granite Asia who brings an unusual academic background combining economics and Russian philosophy from universities in Russia and China, plus over 20 years of marketing and communications experience helping startups with growth strategy. She runs Platform Services across Asia Pacific for the firm while maintaining a very public presence through her LinkedIn following of over 20,000 and hosting a podcast with over 1 billion clicks, positioning herself as both an active thought leader in AI ecosystems and a hands-on supporter of portfolio companies across sectors from smart farming to AI infrastructure.
About their Fund
Sectors
Consumer, Enterprise, Food & Ag, Health, Energy
Rounds
Seed - Series B+
Avg Check Size
Notable Investments
Granite Asia emerged from GGV Capital's geopolitical split as the Asia-focused successor, deliberately separating China/Asia exposure from U.S. operations while evolving beyond traditional venture capital into a multi-asset platform that combines private credit, hybrid capital, and equity investing across the region. The firm's hybrid capital strategy offers contractually guaranteed minimum returns in the teens plus equity upside participation, backed by three major Asian sovereign wealth funds and designed specifically for mid-market Asian companies pursuing tech-enabled transformation.
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Popular Investors
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Links
Deeptech / Hardware
Robotics
Biotech
+
12
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Defense
Deeptech / Hardware
Energy
+
7
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Unknown
Pre-Seed - Series A
Unknown
$100K - $5M
Unknown
Biotech
Health
Deeptech / Hardware
+
2
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Unknown
Pre-Seed - Seed
Unknown
$250K - $2M
Unknown
Climate
Deeptech / Hardware
Materials
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4
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Unknown
Pre-Seed - Seed
Unknown
$400K - $1.5M
Unknown
Deeptech / Hardware
Robotics
Biotech
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7
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Unknown
Pre-Seed - Seed
Unknown
$400K - $2M
Unknown
Deeptech / Hardware
Robotics
Biotech
+
2
View more in profile...
Unknown
Pre-Seed - Seed
Unknown
~$750K
Unknown
Fintech
Deeptech / Hardware
Devtools
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2
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Unknown
Pre-Seed - Series A
Unknown
$250K-$1M
Unknown
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